In this week's New Statesman Jemima Khan has interviewed the two men battling to be the next Mayor of London — current leader and Conservative Boris Johnson ,and former leader and Labour party hopeful Ken Livingstone.

In the time I was mayor, I used to do meetings with City bankers and I'd often open by saying, 'This isn't the world I would have created . . .' [Bankers' bonuses are] like penis extensions, among a small league of men - mine is bigger than yours.

. . . The world is run by monsters and you have to deal with them. Some of them run countries, some of them run banks, some of them run news corporations.